The Organization of Petroleum Exporting Countries (OPEC) says Iran took the lead among oil producers in March 2024 when it produced 3 million 188 thousand barrels per day (bpd) of crude, 28,000 bpd more that its output in February.
A report by OPEC’s Secretariat indicates that overall output by the 133 member states hovered around 26 million 604 thousand bpd in March, 3 thousand bpd more than the figure in February.
Based on the report, Iran maintained its third place among OPEC producers after Saudi Arabia with an output of 9 million 37 thousand bpd and Iraq with a crude production of 4 million 194 thousand.
The production rise comes as Iran is under draconian US sanctions.
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